Comcast has ended its pursuit of 21st Century Fox, ceding a major bidding war to Disney.Read more ...

Comcast is jumping after saying it's no longer pursuing Fox assets

Comcast is jumping after saying it's not pursuing 21st Century Fox assets.
Instead, it will focus on winning another bidding between itself, Disney, and Fox, for British broadcaster Sky TV.
Watch Comcast trade in real time here.
Comcast shares are jumping as much as 3% to more than $35 apiece Thursday, after the company said it will back out of what became an intense bidding war for 21st Century Fox assets .
Instead it will focus on yet another battle it's in with 21st Century Fox and Disney over British broadcaster Sky.
21st Century Fox had agreed to sell many of its subsidiaries...Read more ...

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Comcast said Thursday that it no longer intends to pursue its acquisition of some 21st Century Fox assets, handing Disney a victory in their bidding war.
The cable provider said it would instead focus on its fight with Fox for the British broadcaster Sky .
Comcast had entered a bidding war with Disney for some of 21st Century Fox's assets excluding the Fox News and Fox Business channels. Disney raised its offer on June 20 for the assets to $38 a share, or a total of $71.3 billion in cash and stock.
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Comcast Ends Its Bidding War With Disney for 21st Century Fox

The bidding war between Comcast and Disney in pursuit of 21st Century Fox is now over.
On Thursday, the cable giant Comcast decided not to move forward with a counter-offer to Disney's most recent $71.3 billion bid for Fox's movie studio responsible for Avatar and X-Men , along with Fox's regional sports networks and cable channels like FX and National Geographic.
Comcast shares shot up 2.1% premarket shortly after dropping from the race for 21st Century Fox.
“Comcast does not intend to pursue further the acquisition of the 21st Century Fox assets and, instead, will focus on our...Read more ...

The cable and broadband giant had been locked in a battle with the Walt Disney Company for the bulk of Rupert Murdoch's Fox empire.Read more ...

Comcast drops out of Fox bidding war, will focus on Sky

Comcast has dropped its pursuit of a group of media assets owned by Twenty-First Century Fox on which it was bidding against Walt Disney, and instead will focus on its offer for European pay-TV group Sky. Shares of Comcast were up 2.2 percent in premarket trade, while Fox fell 1 percent. Shares of Walt Disney...Read more ...

Comcast drops pursuit for Fox assets, to focus on Sky offer

Comcast Corp has dropped its pursuit of a group of media assets owned by Twenty-First Century Fox Inc on which it was bidding against Walt Disney , and instead focus on its offer for European pay-TV group Sky Plc .Read more ...

Comcast dropping out of Twenty-First Century Fox bidding war

Comcast says it's dropping out of the bidding war for Twenty-First Century Fox's entertainment business, instead focusing on its bid for the U.K.'s Sky. The announcement Thursday leaves the path...Read more ...

Comcast drops pursuit for Fox assets

Comcast Corp has dropped its pursuit of a group of media assets owned by Twenty-First Century Fox Inc on which it was bidding against Walt Disney , and instead will focus on its offer for UK TV group Sky , the company said on Thursday.Read more ...

Comcast drops out of the $71 billion bidding war for 21st Century Fox assets, handing Disney victory

Comcast announced on Thursday that it was no longer pursuing its bid to buy some of 21st Century Fox's assets.
This ended a bidding war it had entered with Disney for the assets, which exclude the Fox News Channel and Fox Business Network.
Comcast said Thursday that it no longer intended to pursue its acquisition of some 21st Century Fox assets, handing Disney a victory in their bidding war.
The cable provider said it would instead focus on its offer for Sky.
Comcast had entered a bidding war with Disney for some of 21st Century Fox's assets excluding the Fox News and Fox Business...Read more ...